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3rd time i got it wrong not sure what im doing wrong A stock had returns of -19.00% (1 year ago), 14.00% (2 years ago),
3rd time i got it wrong not sure what im doing wrong
A stock had returns of -19.00% (1 year ago), 14.00% (2 years ago), X (3 years ago), and 27.00% (4 years ago) in each of the past 4 years. Over the past 4 years, the arithmetic average annual return for the stock was 5.00%. What was the geometric average annual return for the stock over the past 4 years?(Round the value to 100th decimal) Selected Answer: 4.58 Correct Answer: 3.54 Answer range +/- 0.00708 (3.53292 -3.54708) on 2 O out of 10 points What was the geometric average return for a stock that had the following annual returns over the past 4 years: 20.00% (4 years ago), 18.00% (3 years ago), -22.00% (2 years ago), and 47.00% (last year)?(round the value to 100th decimal and Please enter the value only without converting it to a decimal format. If the answer is 8.55%, enter 8.55) Selected Answer: 21.62 Correct Answer: 12.88 Answer range +/- 0.02576 (12.85424 - 12.90576)Step by Step Solution
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